**Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
**Trustees' report and financial statements**
**for the year ended 31 December 2024**
**Company number: 08451858**
**Charity number: 1167623**
**Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Contents**
||**Page**|
|---|---|
|Charity information|**1**|
|Trustees' report|**2 - 3**|
|Independent examiners' report|**4**|
|Statement of financial activities|**5**|
|Balance sheet|**6 - 7**|
|Notes to the financial statements|**8 - 11**|
## **Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Charity information**
|**President**|Sir Thomas Ingilby Bt.||
|---|---|---|
|**Trustees**|R W Rusby||
||K Smith||
||M Smith||
||W Walmsley||
|**Principal Officers**|C Smith|Chairman|
||J Walmsley|Vice-chairman|
||C McLelland|Treasurer|
||T Smith|Secretary|
|**Charity number**|1167623||
|**Company registration number**|08451858||
|**Principal Office**|Cowling Swift & Kitchen||
||8 Blake Street||
||York||
||YO1 8XJ||
|**Independent Examiner**|B Cross ACA||
||The Barker Partnership||
||Chartered Accountants||
||17 Central Buildings||
||Market Place||
||Thirsk||
||North Yorkshire||
||YO7 1HD||
|**Bankers**|Barclays Bank Plc||
||1-3 Parliament Street||
||York||
||YO1 8SE||
**1**
## **Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31 December 2024**
The trustees present their report and the financial statements for the year ended 31 December 2024. The trustees, who are also directors of Ripley and District Agricultural and Horticultural Society Ltd for the purposes of company law and who served during the year and up to the date of this report are set out on page 1.
## **Governing instrument**
Ripley and District Agricultural and Horticultural Society Ltd is a company limited by guarantee and a registered charity governed by its memorandum and articles of association. Charity number 1167623 and Company number 08451858.
The company was incorporated on 19 March 2013 and registered with the Charities Commission on 13 June 2016.
The charity's objects and regulations are regulated by the society rules.
## **Administrative information**
The charity number, principal office and the trustees who served during the year and up to the date of this report are set out on page 1.
The trustees are appointed by the committee and other trustees.
## **Objectives and activities**
The objectives of the charity is the furtherance of good animal husbandry, agricultural practice and education.
We have referred to the guidance contained in the Charity Commission's general guidance on public benefit when reviewing our aim and objectives and in planning our future activities.
## **Achievements and performance**
A successful 2024 show evidenced by a small profit which is a good turnround from the losses in 2022 and 2023 and this also included an unplanned bill for renovation to a bridge on the showfield . This has been achieved by robust management of costs and good attendance on the day.
## **Financial review**
Income totalled £84,300 (2023 - £80,240) during the year and expenditure totalled £80,474 (2023 - £84,107) resulting in a surplus of £3,826 (2023 - deficit of £3,867).
At the Balance sheet date the charity had free reserves of £54,881.
## **Investment policy**
The trustees have the power to invest in such assets as they see fit.
## **Reserves policy**
The trustees have established a policy to ensure that there is sufficient funds available for the next financial period.
## **Statement of trustees' responsibilities**
The trustees (who are also directors of Ripley and District Agricultural and Horticultural Society Ltd for the purpose of company law) are responsible for preparing the and the financial statements in accordance with applicable law and United Kingdom Generally Accepted Accounting Practice.
**2**
## **Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Report of the trustees (incorporating the directors' report) for the year ended 31 December 2024**
Company law requires the trustees to prepare financial statements for each financial year which give a true and fair view of the state of affairs of the charitable company and of the incoming resources and application of resources, including the income and expenditure, of the charitable company for that period. In preparing these financial statements, the trustees are required to:
- select suitable accounting policies and then apply them consistently;
- make judgements and estimates that are reasonable and prudent;
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the charitable company will continue in operation.
The trustees are responsible for keeping proper accounting records which disclose with reasonable accuracy at any time the financial position of the charitable company and which enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the charitable company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.
## **Small company provisions**
This report has been prepared in accordance with the provisions applicable to companies entitled to the small companies exemption.
The trustees recommend that Mr B Cross ACA remain in office until further notice.
This report was approved by the trustees on 30 April 2025 and signed on their behalf by
R W Rusby **Director**
**3**
## **Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Independent examiner's report to the trustees on the unaudited financial statements of Ripley & District Agricultural and Horticultural Society Ltd.**
I report on the financial statements of Ripley & District Agricultural and Horticultural Society Ltd for the year ended 31 December 2024 which are set out on pages 5 to 11.
## **Responsibilities and basis of report**
As the charity's trustees of the company (and also its directors for the purposes of company law) you are responsible for the preparation of the accounts in accordance with the requirements of the Companies Act 2006 ('the 2006 Act').
Having satisfied myself that the accounts of the company are not required to be audited under Part 16 of the 2006 Act and are eligible for independent examination, I report in respect of my examination of your charity's accounts as carried out under section 145 of the Charities Act 2011 (the '2011 Act'). In carrying out my examination I have followed the Directions given by the Charity Commission under section 145(5)(b) of the 2011 Act.
## **Independent examiner's report**
I have completed my examination. I confirm that no matters have come to my attention in connection with the examination giving me cause to believe:
- (1) accounting records were not kept in respect of the company as required by section 386 of the 2006 Act; or
- (2) the accounts do not accord with those accounting records; or
- (3) the accounts do not comply with the accounting requirements of section 396 of the 2006 Act other than any requirement that the accounts give a 'true and fair' view which is not a matter considered as part of an independent examination; or
- (4) the accounts have not been prepared in accordance with the methods and principles of the Statement of Recommended practice for accounting and reporting by charities [applicable to charities preparing their accounts in accordance with the Financial Reporting Standard applicable in the UK and Republic of Ireland (FRS 102)].
I have no concerns and have come across no other matters in connection with the examination to which attention should be drawn in this report in order to enable a proper understanding of the accounts to be reached.
...........................................................
## **B Cross ACA**
The Barker Partnership Chartered Accountants 17 Central Buildings Market Place Thirsk North Yorkshire YO7 1HD
30 April 2025
**4**
## **Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Statement of financial activities (incorporating the income and expenditure account)**
## **For the year ended 31 December 2024**
|**Unrestricted**
**funds**
**Notes**
**£**
**Income and endowments from:**
General income
2
76,859
Investment income
3
675
Annual dinner
6,766
**Total income**
84,300
**Expenditure om:**
General expenses
4
74,079
Annual dinner
6,395
**Total expenditure**
80,474
**Net movement in funds**
3,826
Total funds brought forward
58,467
**Total funds carried forward**
62,293|**2024**
**Total**
**£**
76,859
675
6,766
84,300
74,079
6,395
80,474
3,826
58,467
62,293|**2023**
**Total**
**£**
75,482
477
4,281
80,240
80,110
3,997
84,107
)
(3,867
62,334
58,467|
|---|---|---|
The statement of financial activities includes all gains and losses in the year and therefore a separate statement of total recognised gains and losses has not been prepared.
All of the above amounts relate to continuing activities.
**The notes on pages 8 to 11 form an integral part of these financial statements.**
**5**
## **Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Balance sheet**
## **as at 31 December 2024**
|**Notes**
**Fixed assets**
Tangible assets
5
**Current assets**
Barclays Bank high interest account
Barclays Bank community account
Prepayments
**Net current assets**
**Net assets**
**Funds**
Unrestricted income funds
8
**Total funds**|**2024**
**£**
**£**
7,412
48,274
3,604
3,003
54,881
54,881
62,293
62,293
62,293|**2023**
**£**
**£**
7,412
47,599
2,706
750
51,055
51,055
58,467
58,467
58,467|**2023**
**£**
**£**
7,412
47,599
2,706
750
51,055
51,055
58,467
58,467
58,467|
|---|---|---|---|
||||58,467|
||||58,467|
||||58,467|
The Balance Sheet continues on the following page.
**The notes on pages 8 to 11 form an integral part of these financial statements.**
**6**
## **Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Balance sheet (continued)**
## **Trustees statements required by Sections 475(2) and (3) for the year ended 31 December 2024**
For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
• The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
The financial statements were approved by the board on 30 April 2025 and signed on its behalf by
## **R W Rusby**
## **Trustee**
## **Company registration number 08451858**
## **Charity registration number 1167623**
**The notes on pages 8 to 11 form an integral part of these financial statements.**
**7**
**Ripley and District Agricultural and Horticultural Society Ltd (A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 December 2024**
## **1. General information**
The company is a private company limited by shares, registered in England and Wales. The address of the registered office Cowling Swift & Kitchen, 8 Blake Street, York, YO1 8XJ.
## **1.1. Accounting policies**
The principal accounting policies are summarised below. The accounting policies have been applied consistently throughout the year and the preceding year.
## **1.2. Basis of accounting**
The financial statements are prepared under the historical cost convention and in accordance with the Charities SORP (FRS 102) and the Companies Act 2006.
The financial statements are prepared in sterling, which is the functional currency of the entity.
## **1.3. Cashflow**
The charity has taken advantage of the exemption from the requirement to produce a cashflow statement because it is a small charity.
## **1.4. Income**
All incoming resources are included in the statement of financial activities when the charity is entitled to the income and the amount can be quantified with reasonable accuracy. The following specific policies are applied to particular categories of income:
Income from investments is included in the year in which it is receivable.
## **1.5. Expenditure**
Expenditure is recognised on an accruals basis as a liability is incurred. Expenditure includes any VAT which cannot be fully recovered, and is reported as part of the expenditure to which it relates.
Costs of generating funds comprise the costs associated with attracting voluntary income and the costs of trading for fundraising purposes including the charity's shop.
Charitable expenditure comprises those costs incurred by the charity in the delivery of its activities and services for its beneficiaries. It includes both costs that can be allocated directly to such activities and those costs of an indirect nature necessary to support them.
## **1.6. Tangible fixed assets and depreciation**
In order for the financial statements to show are true and fair view of the charities financial position, the trustees have decided that the whole cost of all assets is charged to the Income and Expenditure Account when the asset is brought into use, net of any grants receivable which are written off against expenditure. This treatment represents a departure from the provisions according to FRS 102 as the assets are not capitalised and depreciated.
**8**
**Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 December 2024**
## **2. General income**
|**Unrestricted**
**funds**
**£**
Gate receipts
38,964
Entry fees
5,431
Trade stands and concessions
11,916
Commissions
3,973
Subscriptions received
6,183
Donations
120
Sponsorships
4,198
Catalogue sales
900
Advertisements
3,040
Memebrship
2,134
76,859
**3.**
**Investment income**
**Unrestricted**
**funds**
**£**
Bank interest received
675
675|**2024**
**Total**
**£**
38,964
5,431
11,916
3,973
6,183
120
4,198
900
3,040
2,134
76,859
**2024**
**Total**
**£**
675
675|**2023**
**Total**
**£**
38,547
4,856
9,852
5,297
6,680
829
3,540
479
2,325
3,077|
|---|---|---|
|||75,482|
|||**2023**
**Total**
**£**
477|
|||477|
**9**
**Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 December 2024**
## **4. General expenses**
|**Unrestricted**
**funds**
**£**
Showground preparation costs
50,223
Prizes
6,267
Cups and rosettes
2,391
Refunds
-
Advertising
203
Hospitality, lunches and teas
35
Judge's expenses
873
Insurance
1,586
Printing
2,528
Stationery and office supplies
1,377
Donations
1,500
Subscriptions
367
Accountancy
817
Honoraria
5,107
Computer
585
Sundry
220
74,079|**2024**
**Total**
**£**
50,223
6,267
2,391
-
203
35
873
1,586
2,528
1,377
1,500
367
817
5,107
585
220
74,079|**2023**
**Total**
**£**
54,010
6,800
2,065
230
126
40
662
3,788
2,960
1,183
-
302
1,087
5,107
1,515
235
80,110|
|---|---|---|
|**Tangible fixed assets**
**Plant and**
**machinery**
**£**
**Cost**
At 1 January 2024 and
At 31 December 2024
7,412
**Net book values**
At 31 December 2024
7,412
At 31 December 2023
7,412|**Total**
**£**
7,412|
|---|---|
||7,412|
||7,412|
## **5. Tangible fixed assets**
The Silver Cups were valued in 1992.
**10**
**Ripley and District Agricultural and Horticultural Society Ltd**
## **(A company limited by guarantee)**
## **Notes to financial statements for the year ended 31 December 2024**
## **6. Employees**
|**Employment costs**
Honoraria
No employee received emoluments of more than £60,000 (2023 : None).|**2024**
**£**
5,107|**2023**
**£**
5,107|
|---|---|---|
||||
No trustees received or any person connected with them received any remuneration during the year (2023 - £nil).
## **7. Taxation**
The charity's activities fall within the exemptions afforded by the provisions of the Income and Corporation Taxes Act 1988. Accordingly, there is no taxation charge in these accounts.
## **8. Analysis of net assets between funds**
|**Unrestricted**
**funds**
**£**
Fund balances at 31 December 2024 as represented by:
Tangible fixed assets
7,412
Current assets
54,881
62,293|**Total**
**funds**
**£**
7,412
54,881|
|---|---|
||62,293|
Unrestricted funds are held and used for fuiture annual shows.
## **9. Company limited by guarantee**
Ripley and District Agricultural and Horticultural Society Ltd is a company limited by guarantee and accordingly does not have a share capital.
Every member of the company undertakes to contribute such amount as may be required not exceeding £1 to the assets of the charitable company in the event of its being wound up while he or she is a member, or within one year after he or she ceases to be a member.
**11**